All articles by Shivam Mishra
Shivam Mishra
CoreWeave secures $2.3bn debt financing to expand cloud services for AI
The funds will be used to expand CoreWeave’s workforce, build new data centres, and bolster its high-performance computing capabilities.
Chip company Arm eyes up to $70bn valuation in September IPO
The semiconductor company is looking to raise $10bn through the offering.
AI chip company Tenstorrent raises $100m from Hyundai and Samsung
Of the $100m, $50m will come from Hyundai Motor Company and Kia.
Enterprise networks services startup Nile raises $175m in Series C
The round saw participation from solutions by stc, Prosperity7, Liberty Global Ventures, and stc Corporate Investment Fund.
Atos in talks to sell Tech Foundations business in €2bn deal
Upon completion, Atos will be renamed to Eviden and Tech Foundations will continue using the Atos brand.
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Francisco Partners and TPG to buy New Relic for $6.5bn
New Relic’s board of directors have approved the deal.
Accenture announces 890 job cuts in Ireland
The 1,290 job cuts planned this year represent nearly 20% of the company’s Irish workforce.
China’s Cambricon Technologies axes jobs at self-driving chip unit
Established in 2016, Cambricon was regarded as a potential competitor to the top chip manufacturers in the world.
Chipmaker AMD to invest $400m in India by 2028
The chipmaker’s investment is expected to generate 3,000 new engineering jobs.
Accenture buys technology advisory firm Strongbow Consulting
Strongbow Consulting’s team will join Accenture’s Technology Strategy and Advisory unit.